THERE'S A HUGE STORM BREWING AT Q LOTUS HOLDINGS,INC- QLTS
Q Lotus Holdings Inc. (QLTS) Company Website> http://www.qlotuspe.com/ http://www.qlotuspe.com/news/Q_Lotus-press_release_09.04.14.pdf Q Lotus Holdings, Inc. (QLTS, "the Company") a public reporting company under the Securities Exchange Act of 1934, is a unique diversified financial services holding company with highly experienced committed professionals who have meaningful stakes in the Company’s success which provides strong capability in asset base lending, financing, and management of hard assets such as mining claims and real estate.The Company has five major profit centers:
Trading and Monetization. The Company maintains a network of respected trading capabilities in the United States and in other parts of the world. The Company’s trading teams are working with the Mining group to determine most advantageous utilizations of the Company’s valuable mining claims while establishing other trading opportunities.
Real Estate.Q Lotus Real Estate Finance, LLC, a wholly owned subsidiary of the Company, consists of a team of sophisticated, experienced and respected professionals in all facets of real estate. The group is a real estate developer and a provider of financial and other services to the real estate industry. Q Lotus Real Estate Finance, LLC is the manager of development for the Company’s two major real estate projects: the Port of Fort Pierce Project in Fort Pierce, Florida, which will be designed and built as a “port of tomorrow” with technological advancements imbedded throughout every operation and physical aspect of the port, and the Lake Zurich Entertainment Complex Project, in Lake Zurich, Illinois which is being designed to become one of the top entertainment venues in the Midwest.
Lending. Midwest Business Credit Inc., a wholly owned subsidiary of the Company, is a non-regulated cash generating finance company that specializes in asset-based commercial lending and financing real estate and other activities where the Company has meaningful interests and expertise. Midwest Business Credit Inc. capitalizes on the outstanding long term track record of its team.
Mining. The Company owns 20 valuable silica mining claims nested in the State of Oregon. Initial studies have indicated high purity for the silica and the Company is engaging qualified consultants to do updated valuations and complete a bulk sampling program to determine the consistency of the purity and the local marketability of the Company’s Silica Mining claims.
International. The Company has strong support from shareholders in India and Nigeria, who are working with the Company’s International Team to create advantageous synergies and business opportunities. India and Nigeria are expected to have the most rapidly growing economies in the world, other than the United States and China.
The Company’s objective is to create value for its shareholders by creating growing streams of income and cash flow and facilitating increases in value of its retained assets.
RE: QLTS SS Update MONDAY Good Morning,
AUGUST 29th 2016 at 8:27 PM
Please see below information for Q Lotus Holdings Inc. as of 8-29-2016.
Issued and Outstanding: 1,277,157,714
Float: 335,849,714 FLOAT HAS BEEN UNCHANGED SINCE JUNE 2014 If you have any further questions, please contact us.
NO DILUTION, NO TOXIC DEBT OR HIDDEN RULES 44...
Pacific Stock Transfer
702-361-3033 Main Office
571-485-9998 Billing Dept.
6725 Via Austi Parkway, Suite 300
Las Vegas, Nevada 89119
SEC Filings > Form 4s - Huge Amounts Of Restricted Shares owned by insiders.... http://www.insider-monitor.com/trading/cik1391142.html
GOLDSTEIN + GOLDSTEIN FAMILY PARTNERSHIP II, L.P.:
SC 13D/A May 05 2014:
ITEM 3. Source and Amount of Funds or Other Consideration
The Reporting Person purchased the shares of Common Stock of the Issuer pursuant to six securities purchase agreements with the Issuer for an aggregate of $325,000. All funds used in such securities purchase agreements were obtained through the personal funds of the Reporting Person.
ITEM 4. Purpose of Transaction
The Reporting Person purchased the shares of Common Stock of the Issuer for investment purposes. http://www.sec.gov/Archives/edgar/data/1391142/000101905614000627/goldstein_da2.htm
About The Goldstein Family
The Goldstein family real estate enterprise was founded by Sheldon S. Goldstein in 1959 with Lynmark Construction and Management Company and has been at the forefront of real estate development, construction and management for over fifty-six years. Led by Sheldon S. Goldstein, Jeffrey P. Goldstein and Joshua T. Goldstein, the family-owned business spanning three generations has constructed and developed in excess of $1.3 billion in real estate projects in 19 states and internationally in Anguilla, British West Indies. 4,800 apartment units nationally, over 3,000 condominium units in garden, townhouse and mid-rise developments, 500,000 square feet of Class A office space, 224,000 square feet of commercial regional and strip shopping centers and multiple hospitality properties currently comprise their business and legacy portfolio.
There are various national real estate entities under the Lynmark umbrella such as Goldstein Management Corporation, GoldOller Real Estate Investments, GoldOller Management Services LLC, Arco Management Corp., Multifamily Management Services, Inc. (MMS), T.U.C. Management Company, Inc. and Multifamily Management of Philadelphia LLC. MMS together with its affiliated companies is ranked the 28th largest management company in the U.S. by NAHMA, having a current total of 26,000 units under management with 1,550 additional units coming into inventory by the end of 2015.
In addition to Zemi Beach House, current developments under construction include 382 rental units and 100,000 square feet of commercial Class A office space in Suffern, New York; a 102,000-square-foot building community in Orange Beach, Alabama; and a town center community in Wheeling, Illinois https://www.hotel-online.com/press_releases/release/trust-hospitality-appoints-management-team-for-zemi-beach-house-to-open-on http://wtcdevelopment.com/ http://www.wheelingil.gov/business/economicdevelopment/NewDevelopmentCorner.asp
Bio - Gary A. Rosenberg Chairman / President and Director Q LOTUS HOLDINGS, INC.
Has been a securities lawyer for the SEC in Washington D.C. and in private practice in Chicago. Mr. Rosenberg has extensive senior executive experience managing, directing, financing and forming publicly held and private companies. Mr. Rosenberg founded Universal Development Corporation in 1970. As Chairman and CEO, he led the company to become listed on the NYSE while experiencing uninterrupted increases in income for twenty straight years. As a securities Principal, he formed and became the first President of Olympic Cuascade Financial Corporation, now known as National Holdings Corporation, and he later became the Chairman of its Audit Committee. Mr. Rosenberg has also been a founder, manager, and/or director of several venture capital companies and financial institutions of both public and private ownership. He has been a major player in the real estate industry with numerous accomplishments which can be found on his website at www.GaryRosenberg.net. In more than four decades of real estate development he has never failed to complete a project. Mr. Rosenberg is also highly regarded as a leader and innovator in finance and education, having created and taught the real estate program in the Finance Department at the highly ranked Kellogg Graduate School of Management. http://www.qlotuspe.com/bio_rosenberg.php
Dear Friends and associates of Q Lotus Holdings Inc., May 18th, 2016
I am very pleased to announce that the Board of Directors of Q Lotus Holdings Inc. had a meeting this past Monday, May 16 2016, at which the directors unanimously elected Timothy D. Bellcourt to become the Chief Executive Officer of Q Lotus Holdings Inc.
I believe you are all aware of Mr. Bellcourt’s outstanding capabilities and accomplishments as a banker and in the world of finance. For your convenience and recollection, I am including herewith a condense review of Timothy D. Bellcourt’s background. I will remain the Chairman and President of Q Lotus Holdings Inc. and the other members of our executive team, Jorge E. Gonzalez Chief Financial Officer and Daniel Kurzweil Chief Operating Officer remain in their current positions. Your executive team is working cooperatively and diligently under the guidance of the Q Lotus Holdings Inc. Board of Directors to see that the promised funds to Q Lotus Holdings Inc. are brought to fruition.
Timothy Bellcourt with over 25 years of experience in the asset-backed lending industry, and a track record with a loan loss ratio of less than 1%, has been involved in audit management, loan administration, portfolio management, credit underwriting, marketing, and profit and loss responsibilities. He has worked for organizations such as LaSalle Business Credit, GE Capital Corporation, and US Bank. Tim has also successfully founded two independent asset-backed lending companies.
As I first indicated in my letter in March 24th, executing Q Lotus funding has been and is very time consuming and complicated, requiring a high level of expertise for its completion. Tim brings that expertise to the table to be able to get funding started and brought to completion. Because of Tim’s skills and contacts in financing, as well as, his skills as a manager, he has been able to obtain the recognition and support from all parties including Harvesttime Worldwide Oil Trust London, LLC and Wild Stallions, LLC to accomplish successful financing.
Please join me in congratulating Tim for his election as Chief Executive officer of Q Lotus Holdings Inc. and offer him your full support.
Thank you for your continued interest and support. Please don’t hesitate to contact me with any questions you may have.
Gary A. Rosenberg
Chairman & President
Q Lotus Holdings Inc.
P: (773) 857-1415
C: (312) 498-0301 February 26, 2016
Dear Friends and Associates of Q Lotus Holdings Inc.,
We are finalizing the agreements and procedures for the proper funding of the $75 MM commitment from Wild Stallions, LLC to Q Lotus Holdings Inc. To bring you fully up to date, I have included a copy of the Payout Commitment Letter from Wild Stallions, LLC to Q Lotus Holdings Inc. along with a copy of our currently proposed Funding Disbursement Agreement which is in the process of final approval by Wild Stallions, LLC. These steps are directed towards ultimately completing the capacity necessary for full funding of both, the Q Lotus Holdings Inc. business plan and its various projects, as well as repayment of loans with appropriate returns.
Thank you for your continued support. Form 8-K for Q LOTUS HOLDINGS INC
Entry into a Material Definitive Agreement
Item 1.01 Entry into a Material Agreement
1. On September 15, 2015, Q Lotus Holdings Inc. (the "Company") obtained all rights, title, and interest in participation to an HSBC trading platform together with its partner, Harvesttime Worldwide Oil Trust London, LLC ("Harvesttime") for a $200,000.00 USD investment. The interest of the Company in the investment will permit the Company to have access to the trading platform of HSBC.
2. On September 11, 2015, the Company and Harvesttime entered into a financial instrument service agreement (the "Agreement") with Wild Stallions, LLC (the "Provider"), a Kansas Limited Liability Company. Pursuant to the Agreement, the Provider, in consideration of payment by the Company of a provider fee of $1,500,000, is obligated to arrange for the deposit of $500,000,0000.00 USD (the "Instrument Services") with a bank (the "Issuing Bank"), which is to be Northern Trust Bank, HSBC, or similar quality bank agreed to by the Company. The Instrument Services are to be held in a blocked account at the Issuing Bank for one year and a day. The full Agreement is attached hereto as Exhibit 10.61 and incorporated herein by reference. Although the Agreement has been fully executed, the $1,500,000 provider fee has not yet been made and there can be no assurance that it will be made. The Company will keep investors informed of the status of the payment of the provider fee by a further filing on Form 8-K.
Form 8-K for Q LOTUS HOLDINGS INC
Entry into a Material Definitive Agreement
Item 1.01 Entry into a Material Agreement
Securities Purchase Agreement.
On September 15, 2015, Q Lotus Holdings Inc. (the "Company") entered into a Securities Purchase Agreement (the "Agreement") with Harvesttime Worldwide Oil Trust London, LLC ("Harvesttime"). The Agreement provides for the purchase of 150,000,000 shares of the Company's Common Stock, par value, $0.0001 per share.
The Company has been asked to be the developer of the Port of Fort Pierce in Florida. The Company and Harvesttime will share profits at 50% each. Harvesttime is purchasing 150,000,000 shares of common stock of the Company for the total amount of $22,500,000 ($0.15 per share) of which $150,000 will be paid in cash upon which the shares will be all issued, and the remaining value will be ascribed to the development rights described above https://biz.yahoo.com/e/150923/qlts8-k.html
Edgar-Online all Fillings: http://yahoo.brand.edgar-online.com/default.aspx?cik=1391142
REAL ESTATE PURCHASE
This REAL ESTATE PURCHASE CONTRACT (the “Contract”), is dated December , 2014 (the “Effective Date”), by and between Q LOTUS, INC., a Nevada corporation (the “Purchaser”) and LAKE ZURICH CENTER, LLC, an Illinois limited liability company (the “Seller”). The “Effective Date” shall be the date upon which this Contract is accepted by Seller.
Developer has idea for old bank to revitalize downtown Lake Zurich
From 8K 11-5-12
Item 1.01 Entry into a Material Definitive Agreement.
On October 15, 2012, Q Lotus Holdings, Inc. (the “Company”) entered into a Modified Purchase Rights and Completion Agreement (the “Agreement”) with Prospect Silica Enterprises, Inc. (“PSEI”) pursuant to which the Company’s unencumbered clear title to twenty (20) silica mining claims in Oregon (“claims”) was confirmed, and certain profit sharing rights of PSEI were established and documented including the right to one third of all profits generated by any and all operations resulting from the claims with a minimum of five million dollars ($5,000,000) in the aggregate. The Company and PSEI have agreed to work together toward mining and monetization of the claims as deemed appropriate. PSEI agrees to provide all historical and current assays, studies, analyses, valuations, certifications, test results, appraisals and any other pertinent data related to the claims. The full Agreement is attached hereto and incorporated herein by reference.
February 23 2010
Silica Deposit in the Prospect Ranger District Quartz Mountain and Subsequent Correspondence per RAMEX claims
I am so glad to see you are progressing on the Quartz Mountain property. If I understand what you want from me, I will explain as follows; you want my considered opinion of the estimated value of 400 acres of the total reserves of silica claims on Quartz Mountain.
Reference is made to my letters of October 31, 2005 and February 29, 2008. Any mineral deposit value is predicated on the value and demand at the time the opinion is given. That being said, the value of the claims has doubled since I last examined them in October of 2005. The volume has not changed-nor will it.
The amount of tonnage in the 400 acre block at 100 feet depth equals approximately 175,000,000 tons today worth $80/ton or $14B. This is by no means the total of the deposit.
The General Course or Strike of the Vein or Lode as nearly as may be determined is MASSIVE!... Indicative of all Q Lotus Holdings,Inc Mining Claims.
Q LOTUS HOLDINGS, INC.
20 N. Wacker Dr., Suite 4120
Chicago, IL 60606
http://urbanr2.com/ (real estate affiliate of QLTS according to a PR)
Q Lotus Holdings, Inc., is a diversified financial services holding company which provides financing and acquires growing companies in which we believe our management participation in operations can create additional value. Our principal investment focus is to provide equity and debt capital to growing and middle-market companies with increasing cash flow and escalating income in the following areas:
We are investing in companies with strong leadership and future growth potential. All of which encompass a business model with future cash flow, attractive exit strategies, and will provide reported income for Q Lotus. Some of these companies will immediately generate cash flow for the Company based on their established operating history. The cash flow will be used to meet our obligations and reinvest in our businesses.
Q Lotus Holdings, Inc. (“Q Lotus” or the “Company”) is a Nevada Corporation formed to operate as a resource company with an important focus on natural resources and mining, and interests in finance and real estate. As of December 31, 2013, the Company had two wholly owned subsidiaries, Q Lotus, Inc. (“QLI”), a Nevada corporation whose operations through such date have consisted of the acquisition of certain mining claims, and Midwest Business Credit, Inc. (“MBC”), a Nevada corporation that was formed in order to acquire the assets of Midwest Business Credit LLC (“MBC LLC”), an asset based lending company which provides secured financing.
FORM 8-K HEADLINES Q Lotus Holdings Inc. Enhances Financing And Advances Operations
Jan. 20, 2015
Jan. 21, 2015 http://www.accesswire.com/425079/Q-Lotus-Holdings-Inc-Enhances-Financing-and-Advances-Operations Q Lotus Holdings Inc Announces Acquisitions And New Operations Jan. 7, 2015 http://www.accesswire.com/424614/Q-Lotus-Holdings-Inc-Announces-Acquisitions-and-New-Operations Q Lotus Holdings Inc. Board Announces Plan
Sept. 4, 2014 http://www.accesswire.com/viewarticle.aspx?id=419904 Q Lotus Holdings Inc. Forms Real Estate Finance and Asset Monetization Subsidiary July 16, 2014 http://finance.yahoo.com/news/q-lotus-holdings-inc-forms-133700145.html Q Lotus Holdings Inc. Prepares to Optimize Benefits to the Company of Its Mining Rights
Oct. 30, 2013 http://finance.yahoo.com/news/q-lotus-holdings-inc-prepares-203100661.html Chairman / CEO of Q Lotus Holdings, Inc. purchases 8 million shares of the Company's common stock
June 17, 2013 http://www.marketwatch.com/story/chairman-ceo-of-q-lotus-holdings-inc-purchases-8-million-shares-of-the-companys-common-stock-2013-06-17 Q Lotus Holdings, Inc. increases its focus on natural resources after completing an internal study of its silica claims in Oregon
June 5, 2013 http://www.prnewswire.com/news-releases/q-lotus-holdings-inc-increases-its-focus-on-natural-resources-after-completing-an-internal-study-of-its-silica-claims-in-oregon-210218381.html
Q Lotus Holdings, Inc. Enters Into Agreement With Financial Advisor, Capital Business West, to Assist With Capital Raising Activities
May 2, 2012
Q Lotus Holdings, Inc. Completes Definitive Agreement to Purchase Midwest Business Credit
Jan. 30, 2012